• Fayose assents revised N70.5bn Appropriation Bill for 2016

    Fayose assents revised N70.5bn Appropriation Bill for 2016

    Ekiti State governor, Mr Ayodele Fayose, yesterday signed the revised 2016 Appropriation Bill of N70.5 billion into law.

    The governor said the move was to further entrench the culture of transparency and accountability in the state’s budgetary spending.

    The revised budgetary provision as passed by the State House of Assembly, was jacked up from N67 billion to N70.5 billion to accommodate the ongoing dualisation of Ado-Ikere road and other contingency projects.

    Governor Fayose told journalists after assenting to the bill that he decided […]

  • Why we passed revised 2016 budget – Ekiti Assembly explains

    Why we passed revised 2016 budget – Ekiti Assembly explains

    According to reports, the Deputy Speaker, Ekiti State House of Assembly, Mr Segun Adewumi, on Monday said the passage of the revised 2016 budget was aimed at accelerating the development of the state.

    Adewumi made the clarification in Ado-Ekiti while commenting on the budget earlier presented to the assembly by Gov. Ayodele Fayose.

    Fayose had sought for the lawmakers’ approval to review the initial budget of N67 billion presented to them in December, 2015 to N70.5 billion.

    The deputy speaker said that the […]